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Research On The Inventory Management Of X Automotive Company

Posted on:2017-02-10Degree:MasterType:Thesis
Country:ChinaCandidate:S ZhongFull Text:PDF
GTID:2309330488993402Subject:Accounting
Abstract/Summary:PDF Full Text Request
Automotive products itself present as a kind of comprehensive result, the process of production not only needs many industries’ cooperation, but also need many other products matching, the process of automotive production itself is the process of joint production among industries, the final automobile products as the results of the automotive industry is a social and economic comprehensive project. Increasingly fierce market environment competition, consumers’ expectation on the auto industry continue to rise, and the enterprise itself demands for detail management strongly, makes the whole car industry facing enormous challenges. The modern enterprise has paid fully attention to inventory management, but in view of the reality of complicated economic environment and increasingly technology updates, the process of inventory purchase, storage and distribution in automotive companies still has many problems to be solved.This paper will place research emphasis on the X automotive company, the representative of the automotive industry. It starts from the present situation of inventory management, reveals inventory management problems in X automotive company, and explores the causes of these problems further, due to incomplete procurement process, nonstandard supplier management,unreasonable way of purchasing, imperfect storage processes, warehouse personnel is lack of professional skills and imperfect issued inventory process, caused unreasonable design in purchasing process, transport’s costs take up too much capital, discontinuous the purchase plan, storage cost occupy a large proportion, and unreasonable sending process in the current X automotive company.After describing problems and analyzing reasons, the paper puts the SAP system into the three modules, which contains purchase management, storage management and distribution management.And it forces on seven aspects to solve the problem of X automotive company’s existing inventory management. For example, the purchase process optimization, the standardization of the supplier’s preferred choice, standard purchasing way, storage process optimization, storage way of standardization and improving warehouse personnel professional skills and process of inventory distribution optimization. thereby optimizing X automotive company production processes, saving the cost of inventory, and providing effective experience for reference for the entire automotive industry.
Keywords/Search Tags:Inventory, Inventory management, Inventory cost
PDF Full Text Request
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